Subscriptions to international journals run into the millions and the plummeting rand is “crippling” libraries and holding academics back.
University libraries are being “crippled” as budgets struggle to keep pace with the plummeting rand. For South African academics to compete with their international counterparts, they need access to the latest journal articles. Academic output and research and development have been linked to economic growth and job creation, and library resources are pivotal to this knowledge generation.
However, university subscriptions to international journals – which are paid for in dollars, euros and British pounds – run into millions of rands, and that figure is inflating as the rand weakens.